Asset Allocation

As of June 30, 2025.
Type % Net
Cash 3.71%
Stock 54.70%
Bond 15.18%
Convertible 0.00%
Preferred 0.10%
Other 26.31%
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Market Capitalization

As of June 30, 2025
Large 29.65%
Mid 32.08%
Small 38.27%
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Region Exposure

% Developed Markets: 70.03%    % Emerging Markets: 1.01%    % Unidentified Markets: 28.96%

Americas 61.38%
59.82%
Canada 5.34%
United States 54.48%
1.56%
Brazil 0.70%
Chile 0.14%
Peru 0.07%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.58%
United Kingdom 1.52%
4.93%
Austria 0.07%
Belgium 0.15%
Finland 0.12%
France 0.86%
Germany 0.59%
Ireland 0.06%
Italy 0.54%
Netherlands 0.33%
Norway 1.03%
Portugal 0.07%
Spain 0.28%
Sweden 0.23%
Switzerland 0.27%
0.00%
0.13%
Israel 0.07%
South Africa 0.06%
Greater Asia 3.08%
Japan 1.65%
1.04%
Australia 1.04%
0.40%
South Korea 0.40%
0.00%
Unidentified Region 28.96%

Bond Credit Quality Exposure

AAA 0.00%
AA 92.65%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 7.35%
Short Term 0.00%
As of June 30, 2025
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Stock Sector Exposure

Cyclical
56.66%
Materials
14.96%
Consumer Discretionary
2.24%
Financials
5.25%
Real Estate
34.21%
Sensitive
20.51%
Communication Services
0.79%
Energy
15.30%
Industrials
4.18%
Information Technology
0.24%
Defensive
11.24%
Consumer Staples
4.16%
Health Care
0.99%
Utilities
6.09%
Not Classified
11.58%
Non Classified Equity
3.57%
Not Classified - Non Equity
8.02%
As of June 30, 2025
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 99.99%
Corporate 0.00%
Securitized 0.00%
Municipal 0.00%
Other 0.01%
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Bond Maturity Exposure

Short Term
26.87%
Less than 1 Year
26.87%
Intermediate
66.50%
1 to 3 Years
41.28%
3 to 5 Years
23.26%
5 to 10 Years
1.96%
Long Term
6.63%
10 to 20 Years
0.00%
20 to 30 Years
6.63%
Over 30 Years
0.00%
Other
0.00%
As of June 30, 2025
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